Author: Alexander Lee

On August 14, 2024, Flora Growth Corp. (NASDAQ: FLGC) (FSE: 7301) conducted its 2024 Annual and Special Meeting of Shareholders in Fort Lauderdale, Florida. The meeting was held to discuss various proposals that were put to a vote by the Company’s shareholders. Proposal 1 involved the election of four directors to the Board of Directors of Flora Growth Corp. These directors would hold office until the Company’s 2025 Annual Meeting of Shareholders or until their respective successors are elected or appointed. The final voting results for the directors are as follows: – Clifford Starke: For – 4,969,741; Against – 97,612;…

The Canadian main stock index started the trading week positively on Monday, driven by optimism surrounding potential interest-rate cuts in the United States. However, the gains on the TSX were limited due to lower crude prices and a decrease in the energy sector, as well as declines in the healthcare and telecom sectors. Investors on Wall Street are eagerly awaiting Federal Reserve Chairman Jerome Powell’s speech in Jackson Hole, Wyoming, scheduled for Friday, for further insights into the possibility of rate cuts. Additionally, traders will be analyzing the minutes from the Federal Reserve’s latest meeting, set to be released on…

In the realm of cannabis stocks, one particularly popular option is a company that gained prominence during the cannabis boom of 2017. However, since then, the company has experienced a significant decline in its share value, requiring a merger of shares to address the situation. In April, there was a notable surge of over 80% in the company’s stock value. This development raised questions about the underlying reasons for this sudden increase. One key factor contributing to this surge is the potential reclassification of cannabis in the United States. This change would have a significant impact on companies involved in…

The recent surge in cannabis stocks, such as Tilray Brands and Canopy Growth, was driven by the announcement from U.S. federal authorities regarding the potential reclassification of marijuana from Schedule I to Schedule III controlled substance. This news signifies a shift in how marijuana is perceived under U.S. law, potentially allowing for increased acknowledgment of its medicinal value and reduced barriers to research and development within the industry. While this reclassification is a positive step for the cannabis sector, it does not equate to full federal legalization of marijuana, as Schedule III drugs still face strict regulations and restrictions. Furthermore,…

Brookfield Renewable Partners LP is a key player in the renewable energy sector, boasting a diverse portfolio that includes hydroelectric, wind, solar, and storage facilities. Despite its strong position in the industry, the share price has remained stagnant around the $40 range. However, as the global shift towards cleaner energy sources gains momentum, Brookfield Renewable is poised to benefit significantly. Over the past year, BEP stock has had a mixed performance influenced by market trends and sector-specific challenges. Nevertheless, it remains a preferred choice for investors seeking long-term growth in the renewable energy sector. As of the latest closing, BEP…

The Canadian stock market offers a variety of high-quality blue-chip stocks that are essential holdings in many investment portfolios, providing stability and consistent dividends to shareholders. Among these stocks is a well-known energy company based in Calgary, which boasts a significant market capitalization and a strong presence in the energy industry. Enbridge Inc. is a key player in the energy infrastructure sector, with a vast network of pipelines responsible for transporting hydrocarbons throughout North America. The company operates the largest pipeline system globally, handling a significant portion of crude oil and natural gas transportation in the region. Additionally, Enbridge has…

Dear Shareholders, We would like to inform you about the upcoming Annual General Meeting of our company. The meeting will take place on [date] at [time] at [venue]. This is an important event where shareholders will have the opportunity to discuss the company’s performance, elect board members, and vote on key decisions. In case you are unable to attend the meeting, we encourage you to complete the enclosed Proxy Form and appoint a proxy to vote on your behalf. Your participation is crucial to the decision-making process of the company. We look forward to seeing you at the Annual General…

The forthcoming special meeting of securityholders advises that Glass Lewis has concurred with ISS’ prior recommendation to vote FOR the Arrangement Resolution. Shareholders are urged to cast their votes well in advance of the proxy deadline on August 22, 2024, at 10:00 a.m. (Pacific time). For assistance or inquiries regarding voting procedures, shareholders can reach out to Laurel Hill Advisory Group via telephone at 1-877-452-7184 (North American Toll Free) or 1-416-304-0211 (Outside North America), or by email at [email protected]. In a recent announcement, Fission Uranium Corp. disclosed that Glass Lewis & Co. has put forth a favorable stance recommending…

On August 13, 2024, Criterium Energy Ltd., a leading independent upstream energy development and production company, headquartered in Calgary, Alberta, provided an operational update on its planned optimization activities in the Tungkal PSC Indonesia. Criterium’s focus is on energizing growth for Southeast Asia and delivering value to its shareholders. In the Tungkal PSC, specifically in the MGH Field, Criterium has secured a drilling rig for an upcoming infill program. The rig, provided by PT Patlance Putra Mandiri and PT Energi Technindo, both distinguished integrated oilfield services companies in Indonesia, is set to mobilize from Jambi, Indonesia to the Tungkal PSC…

On August 19, 2024, AuMEGA Metals Ltd. announced the initiation of phase two of diamond drilling on the Cape Ray Shear Zone in Newfoundland, Canada. This phase of drilling will primarily target Greenfield areas at Malachite, following the successful Reverse Circulation (RC) drill program conducted during the winter months. The exploration efforts aim to identify large mineralized zones within the target areas. The Company’s Managing Director and CEO, Sam Pazuki, expressed enthusiasm for the second phase of diamond drilling. He highlighted the identification of mineralized zones at Malachite through the RC program and the subsequent detailed analysis that led to…